DexCom, Inc. (DXCM) vs Labcorp Holdings Inc. (LH)

DXCM leads on 9 of 16 compared metrics, though LH is the cheaper stock.

A side-by-side comparison of DexCom, Inc. and Labcorp Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DXCM vs LH

growth of $100 · last 21y
DXCM +2411.2%LH +519.6%DXCM compounded faster
01k2k3k4k5kStart $10020092013201720212025$2,511$620
DXCM LH

DXCM vs LH: by the numbers

  • DXCM is the larger company ($28.52B vs $21.69B market cap).
  • LH trades at the lower earnings multiple (23.57 vs 32.21 P/E).
  • DXCM converts more revenue to profit (19.31% vs 6.66% net margin).
  • DXCM grew revenue faster over the past five years (18.91% vs -1.58% CAGR).
  • LH pays a dividend (1.08% yield) while DXCM does not currently pay one.

Which is better, DXCM or LH?

Metric tally: DXCM 9 · LH 7

It depends on what you're optimizing for:

ValueLH(lower P/E)
GrowthDXCM(faster 5Y revenue CAGR)
QualityDXCM(higher ROIC)

Metrics side by side

Valuation

MetricDXCMLH
P/E ratio32.2123.57
Forward P/E24.4213.65
P/S ratio6.161.56
P/B ratio10.032.53
PEG ratio0.661.28
EV / EBITDA20.2813.73
FCF yield4.82%6.27%

Profitability

MetricDXCMLH
Gross margin61.84%27.79%
Operating margin21.45%11.03%
Net margin19.31%6.66%
ROE31.47%10.79%
ROIC16.61%7.39%

Dividends

MetricDXCMLH
Dividend yield1.08%
Payout ratio27.32%

Growth (annualized)

MetricDXCMLH
Revenue CAGR (5Y)18.91%-1.58%
EPS CAGR (5Y)10.31%-8.00%
FCF CAGR (5Y)43.37%-12.63%
Total return CAGR (5Y)-6.13%4.48%

Frequently asked

Which is better, DXCM or LH?
It depends on your goal. value: LH (lower P/E); growth: DXCM (faster 5Y revenue CAGR); quality: DXCM (higher ROIC). Across all compared metrics, DXCM leads 9 to 7.
Is DXCM or LH cheaper?
On trailing earnings, LH is cheaper: DXCM trades at a 32.21 P/E and LH at 23.57.
Which has grown faster, DXCM or LH?
Over the past five years, DXCM grew revenue faster — DXCM at a 18.91% CAGR versus LH at -1.58%.
Does DXCM or LH pay a bigger dividend?
LH pays a dividend (1.08% yield) while DXCM does not currently pay one.
Is DXCM or LH more profitable?
DXCM runs the higher net margin — DXCM at 19.31% versus LH at 6.66%.
Which has been the better investment, DXCM or LH?
Over the past 10-year, DXCM delivered the higher annualized total return — DXCM at 15.01% versus LH at 9.88%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 15, 2026.